Which of the Following Techniques Uses Variables Such as Price

question 136

Multiple Choice

Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand?

• A) associative models
• B) exponential smoothing
• C) weighted moving average
• D) moving average
• E) trend projection

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Definitions:

Spreadsheet Tool

A software application that allows users to organize, analyze, and store data in tabular form, such as Microsoft Excel or Google Sheets.

Grocery Budget

An estimate of the amount of money allocated for spending on food and household supplies within a certain period.

Pie Chart

A circular chart divided into sectors, each representing a proportion of the whole, typically used to visualize percentages or statistical data.

Percentage

Symbolized by %, it represents a number or ratio expressed as a fraction of 100, used to denote proportions, rates, or comparative statistics.